Scott Wren
Scott Wren
fed given meeting next people seems waiting
There seems to be a lot of uncertainty about what the Fed is going to say. It seems a little early, given the meeting is next week, but I do think people are just waiting around for better news.
ugly worse
It's ugly out there, but I don't think its going to get much worse going forward.
forth trade
There's not a lot to trade off. You're going to see just some back and forth trading.
clarity continue economic fed held month mystery news problem remains somewhat until
The economic news has been very good, but the Fed remains somewhat of a mystery. It's the same problem that's really held us back all month and it'll continue to be a problem until we get some more clarity from the Fed.
appealing companies stock wide
Most companies want their stock to be appealing to a wide audience.
cutting earnings guessing outlook purely result situation
Earnings have been much better than we expected, so I'm guessing the Nasdaq situation is purely a result of Dell cutting its outlook going forward.
wall worry
There will be some uncertainty and this thing will rally. It will be the wall of worry rally. I feel pretty comfortable about that.
fed good needed raising rally seems stop time
This is really what we needed to keep this rally going. The Fed seems to be recognizing that there may come a time to stop raising rates, and that's very good for stocks.
action bad early far good late looks market people reminds today
Technically, today looks bad as far as market action goes. It reminds me a lot of late 1999 to early 2000 when people thought the good times would never end. Now they think the bad times are never going to end.
action bad far looks market today
Technically, today looks bad as far as market action goes,
attention couple early good higher profile since
The attention focuses on higher profile misses, and we had a couple early in the season. Since then we've had some good numbers.